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Investment Highlights

  • Ground floor leased to a stable commercial tenant
  • Well-maintained property with long-term income security
  • Second floor offers conversion potential for office or residential use
  • Located near retail, dining, schools, parks, and public transportation

Executive Summary

Remarks
Excellent opportunity in the heart of Vieux-Longueuil village! This carefully maintained building benefits from a stable commercial tenant on the first floor, guaranteeing a reliable source of income. The 2nd floor, currently available, offers exceptional potential: modern offices or the possibility of converting it into a spacious 4 ½ room apartment. A secure and versatile investment, ideal for maximizing your return! Private parking included for added convenience.
Addendum
Located in the sought-after Vieux-Longueuil neighborhood, this building combines a strategic location with remarkable potential. Close to all amenities--including shops, restaurants, schools, parks, and public transportation--it offers an ideal living and working environment for both residents and visitors.
The ground floor is occupied by a stable and reliable commercial tenant, ensuring steady income. This well-maintained space reflects the care taken in managing and maintaining the property.
The second floor, currently vacant, represents an exceptional opportunity. Its versatile layout allows it to meet a variety of needs: it can be converted into a professional office, offering an elegant and functional setting for business, or transformed into a superb 4½-bedroom residence, perfect for future occupants seeking a unique living space.
With its timeless charm, prime location, and flexible development potential, this building is a rare find on the market. Whether for an investor seeking a high-value-added property or a visionary entrepreneur, this property will meet the highest expectations.
Don't miss this unique opportunity in one of Longueuil's most sought-after neighborhoods!

ADDITIONAL INFORMATION:
DETAILS OF THE GROUND-FLOOR COMMERCIAL LEASE
May 1, 2025 -- April 30, 2026: $2,060 per month, or $25.10 per square foot
May 1, 2026 -- April 30, 2027 $2,120 per month, or $25.83 per square foot
May 1, 2027 -- April 30, 2028 $2,180 per month, or $26.56 per square foot
May 1, 2028 -- April 30, 2029: $2,245 per month, or $27.35 per square foot
May 1, 2029 -- April 30, 2030: $2,305 per month, or $28.08 per square foot
In addition to this base rent, the non-residential property tax surcharge must be recovered, representing an additional rent of $2,352.72 for the year 2026, or $196.06 per month, or $2.39 per square foot (gross area of 985 square feet).
Metered utilities are the tenant's responsibility.
TAX SPECIFICATIONS
The property is currently zoned 100% commercial, which explains the high annual municipal tax bill of $9,705.44.
Important Note: If the upstairs unit is converted into residential housing, municipal taxes will be reduced in accordance with current regulations, which should result in savings of approximately $2,921 per year (based on 2026 billing).

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,926 SF
Building Class
C
Year Built/Renovated
1900/2018
Price
$456,644 USD
Price Per SF
$237.09 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.65
Lot Size
0.07 AC
Zoning
C22-103 - PERMITTED USE CLASSES: C2: Arterial and C7: Mixed
Parking
4 Spaces (2.08 Spaces per 1,000 SF Leased)
Frontage
79’ on Rue Saint-Sylvestre

Amenities

  • Signage
  • Public Transportation
  • Balcony
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100

Nearby Major Retailers

CIBC
Sushi Shop
Küto - Comptoir à Tartares
Metro
Tim Hortons
Thai Express
Toyota
Royal Bank of Canada
IGA
Rachelle Béry
  • Listing ID: 39802241

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 95-97 Saint-Sylvestre Rue, Longueuil, QC J4H 2W1

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